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NASDAQ:SKHYV 10 July 2026 - 11 July 2026

AI stocks clear $26.5 billion test, memory chip trade now in focus

AI stocks clear $26.5 billion test, memory chip trade now in focus

AI names wrapped up a volatile week, with the standout move tied to a big share sale rather than any earnings news. SK Hynix pulled in $26.5 billion after demand topped supply by over seven times. Its American depositary receipts—U.S. certificates for overseas shares—ended Friday at $168.01, up 12.8% from the $149 offering price. Nasdaq Composite rose 1.7% this week while the S&P 500 added 1.2%.
SK Hynix’s $26.5 Billion Nasdaq Debut Reveals the Hidden Price Investors Pay for Access

SK Hynix’s $26.5 Billion Nasdaq Debut Reveals the Hidden Price Investors Pay for Access

SK hynix Inc. attracted filings from at least 10 fund managers for leveraged or inverse single-stock exchange-traded funds before its first U.S. trade, after pricing a $26.5 billion sale of American depositary receipts, or ADRs — U.S.-traded certificates representing foreign shares — at $149. The price was 2.7% above the three-day average for its Seoul shares; underwriters earned nearly $260 million, or 0.97% of the proceeds.
AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 BUY ON PULLBACK

Microsoft

NASDAQ: MSFT 94 / 100
#2 BUY

L3Harris Technologies

NYSE: LHX 90 / 100
#3 BUY

Xylem

NYSE: XYL 89 / 100
#4 BUY IN TRANCHES

Lam Research

NASDAQ: LRCX 87 / 100
#5 BUY ON WEAKNESS

GE HealthCare

NASDAQ: GEHC 84 / 100
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Editorial model selection. Not personalised advice.